GraniteShares ETF Trust GraniteShares 1.25x Long TSLA Daily ETF
Snapshot*
Top 10 Holdings
What is TSL?
The Fund seeks daily investment results, before fees and expenses, of 1.25 times (125%) the daily percentage change of the common stock of Tesla Inc, (NASDAQ: TSLA). Tesla, Inc. (TSLA) designs, develops, manufactures, leases, and sells electric vehicles, energy generation and storage systems in the United States, China, and internationally. The company operates in two segments: automotive,energy generation and storage.
ETFs related toTSL
ETFs correlated to TSL include TSLL, TSLR, TSLY
What is ETF correlation?
Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.
Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.
Using ETF correlations in portfolio and strategy construction
ETF correlations can help you create investing strategies and portfolios. Use them to:
- •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
- •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
- •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.
Automated Strategies
Related toTSL
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News Related to TSL
New Tesla Registrations Dip By 50% In EU In January Despite Rising Overall BEV Market Share
Mar 3, 2025 • by Anan Ashraf
Mark Cuban Once Said He'd Pick Luka Over His Wife, Now Fans Rage Over Trade To Lakers
Feb 3, 2025 • by Chris Katje
What's New In the Consumer Tech World Last Week? News That You Should Know (June 9-June 15, 2024)
Jun 16, 2024 • by Lekha Gupta
FAQ
Disclaimers
We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.
We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.